🚀 Fantom (FTM) is up 25% in 7 days, reaching $0.51 on September 16! From a low of $0.26 on August 5, FTM has increased by 103% to a high of $0.53. Meanwhile, BTC is down 4% and ETH is down 12.6% over the past 30 days.

🔍 According to Mister Crypto, behind-the-scenes developments are the main reason for FTM's growth. The upcoming Sonic upgrade will improve network performance, expected to launch in late 2024.

📈 Sonic will help Fantom process over 2,000 transactions per second, reduce storage requirements by up to 90%, and support DApps without compromising security.

💡 However, Fantom DeFi's TVL is still low at $86.5 million, but has increased by 22% since August 8. Daily active addresses are also up 67%.

📊 FTM is seeing strong support, with the IHS pattern suggesting a move to $0.81, a 56% increase from current price.

👉 What do you think about the future of FTM? Comment below! 💬#Crypto#Fantom#Blockchain#BTC #ETH